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Ron Wyden

News: Tax negotiators near agreement

Breaking news: Congress’ top tax writers are on the brink of a deal to expand the child tax credit and revive some lapsed tax breaks for businesses.

Sources close to the process say the package is “90%” finished. House Ways and Means Committee Chair Jason Smith (R-Mo.) and Senate Finance Committee Chair Ron Wyden (D-Ore.) have led the negotiations.

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Punchbowl News Presents

Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.